Friday, July 11, 2014

$6.6 trillion

David Cay Johnston estimates the impact of the Bush tax cuts and argues that, compared to 2000-level prosperity, Americans have lost a total of $6.6 trillion in income or a gross of about $48,000 per person over a 12 year period.

Update (July 13):  More about the lost income analysis from the blog real economics.

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